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The rose extract market size is forecast to increase by USD 180.7 million at a CAGR of 7.44% between 2023 and 2028.
The rose extract industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The rose oil segment is estimated to witness significant growth during the forecast period.
Rose oil, derived from the petals of Rosa damascena and Rosa centifolia, is a prized ingredient in perfumes, aromatherapy, cosmetics, and skincare products. The primary producers of these rose species include Bulgaria, Syria, Turkey, Russia, Pakistan, India, Uzbekistan, Iran, China, Morocco, France, and Egypt. Two main extraction methods are employed: steam distillation, which yields rose otto or attar of roses and rose water as by-products, and solvent extraction, resulting in rose absolute. Quality control is paramount in the rose oil industry, ensuring ethical sourcing, organic ingredients, and adherence to safety standards. The market trends reflect a growing consumer demand for natural, sustainable, and ethically produced rose products.
E-commerce platforms and online sales have surged, with rose-infused body care, skincare, and aromatherapy items increasingly popular. Rose oil's antioxidant properties and phytochemicals contribute to anti-aging and wellness applications. The rose market share is expanding, with innovation in rose formulations, product development, and branding. Certification, regulatory compliance, and standardization are essential aspects of the industry, as is sustainability and responsible sourcing. Rose essential oil, rosewater, rose hydrosol, rose extract powder, and rose concrete are integral components of various industries, including fragrance, food, and cosmetics. The market dynamics are influenced by factors such as consumer preferences, market trends, and technological advancements.
Competitor analysis and supply chain optimization are crucial for businesses to maintain a competitive edge. Rose oil's versatility extends to aromatherapy, where it is used for its calming and therapeutic properties. In skincare, rose oil is known for its anti-inflammatory and anti-aging benefits. The rose market is expected to continue growing, driven by increasing consumer awareness and demand for natural, high-quality ingredients.
The Rose oil segment was valued at USD 185.60 million in 2018 and showed a gradual increase during the forecast period.
Europe is estimated to contribute 45% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
In the global rose market, Bulgaria is a significant player as the leading producer of rose oil, accounting for approximately 40% of the global supply. Nearly 30% of this oil is exported to major markets such as France, the US, Japan, and Ireland. Additionally, Bulgaria and Turkey rank second and third, respectively, in the production of rose hip fruit extract. European buyers are increasingly preferring natural processing techniques for botanical extracts, leading to a surge in demand for rose extract in the region. The CO2 extraction method is gaining popularity over ethanol-based extraction due to its superior quality and safety standards.
The rose market encompasses various applications, including perfumes, aromatherapy, cosmetics, and skincare. Rose essential oil, hydrosol, absolute, and extract powder are popular forms of rose extract used in these industries. Rose water, a byproduct of the distillation process, is also in high demand for its use in food and beverage industries. The market trends reflect a growing preference for organic and sustainable sourcing, with an increasing number of certifications and standards being implemented. Rose's natural antioxidants and phytochemicals make it a sought-after ingredient in anti-aging and wellness products. The rose market is also witnessing innovation in areas such as formulation, technology, and e-commerce.
The demand for rose extract is expected to continue its upward trajectory due to its versatility and health benefits.
The Rose Extract Market thrives on the versatility of its products, from pure rose extract and fragrant rose oil benefits to refreshing rosewater uses. Consumers increasingly seek organic rose extract and other natural skincare ingredients like rose extract for skin. The therapeutic properties of rose oil aromatherapy and its inclusion in rose extract in cosmetics drive demand. The nutritional advantages of rosehip extract benefits further broaden its appeal, particularly for rose extract for anti-aging. Many incorporate rosewater as facial toner in their routines, while rose essential oil blends offer customized aromatic experiences. For those looking to buy organic rose extract, understanding reliable rose extract suppliers is crucial. The market also caters to the demand for natural fragrances and the calming effects of aromatherapy with rose oil. Available in forms like rose extract powder, it addresses needs for rose extract for sensitive skin, emphasizing the importance of sustainable rose extract sourcing across various rose extract applications.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The rose extract market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the rose extract market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, rose extract market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Alteya Organics - The company specializes in providing high-quality rose extracts, including rose hips, for various applications.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market encompasses a diverse range of products, including rose facial mists, skin serums, bath salts, body washes, aromatherapy kits, body oils, diffusers, perfume oils, hand creams, candles, and various rose varieties such as damask rose, Bulgarian rose, and Grasse rose. These extracts are derived from rose flowers and offer numerous benefits for personal care and wellness. Rose otto, a precious essential oil, is a key component in many of these products. It is known for its calming and soothing properties, making it popular in skincare and aromatherapy applications. Rosehip seed oil, another essential rose extract, is rich in antioxidants and essential fatty acids, making it a sought-after ingredient in moisturizers and body butters.
The market for rose extracts is driven by increasing consumer demand for natural and organic personal care products. Rose-infused items, such as rosewater spray, toner, and tea, have gained popularity due to their gentle, soothing properties and versatile uses. Rose body scrubs, massage oils, and bath bombs provide a relaxing, spa-like experience at home. Rose flavoring is also in demand in the food and beverage industry, with rose syrup, jam, and rose hip extract used to add a subtle, delicate taste to various dishes and beverages. The market for rose extracts is expected to continue growing, as consumers seek out natural, plant-based alternatives to synthetic ingredients.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Rose Extract Market insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
165 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.44% |
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Market growth 2024-2028 |
USD 180.7 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
6.4 |
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Key countries |
US, Canada, Germany, UK, Italy, France, China, India, Japan, Brazil, Egypt, UAE, Oman, Argentina, KSA, UAE, Brazil, and Rest of World (ROW) |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Market Segmentation by Source
9 Market Segmentation by Distribution Channel
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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